Kleptocracy Daily: July 12, 2017

DETAILS

Senate and House Intelligence committees investigating ties between Trump campaign officials and Russia have begun to receive access to financial data from the Treasury’s Financial Crimes Enforcement Network (FinCEN). [More information on what FinCEN does can be found on KI’s website here.]

Bill Browder, London-based businessman who was investigated last year by the opposition research firm behind the so-called Trump dossier, will testify before the Senate Judiciary Committee next week.

The Financial Action Task Force (FATF) has issued a list of nine countries that it says are not taking sufficient measures to combat money laundering and terrorist financing.

“By endorsing [this act], we commit to ensuring that not only individual perpetrators but also companies benefitting from corruption can be held liable.” -Leaders of the G20, who have committed to make their public administrations more resilient against corruption.